Wednesday, September 09
Ajay Khandelwal, Fund Manager at Motilal Oswal AMC, shares his perspective on how India’s equity markets will evolve as the country moves toward its 2047 Viksit Bharat goals. From clean energy and defence to digital platforms and domestic savings, he highlights the big shifts, risks, and investment opportunities ahead.Edited excerpts from a chat:As India moves toward its 2047 Viksit Bharat goals, what are the most significant transformation shifts you anticipate in markets over the next two decades?By 2047, India’s growth will be driven by big shifts — clean energy and power grids, semiconductor and electronics manufacturing, defence production, AI and data centres, healthcare, manufacturing, rising urbanisation, domestic savings in equities, and digital platforms like UPI powering n
Mumbai: Housing finance company Sammaan Capital (erstwhile Indiabulls Housing) has raised $300 million (about ₹2,600 cr) by issuing three-year bonds to overseas investors in its first international issuance in its new avatar.The company raised the money at 8.95% from investors in what is also the first high yield issue out of India this fiscal. CEO Gagan Banga said the fund raise is aimed at diversifying the funding base of the company which after this issue will ensure that 10% of the company's funding comes from international sources."We were prepared for this issue since April but were waiting for the right kind of investors which we got now. Our target is making 10% to 15% of borrowings from overseas. This will make it 10%. In the next 12 months we will raise a $500 million loan most
